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Month: August 2020

Category:
  • coronavirus
  • p-
  • Russia

Russia to start mass use of its Covid-19 vaccine in coming weeks

Russia has become the first country to grant regulatory approval to a vaccine against Covid-19, with mass production and immunisation of key workers to begin in the next few weeks. The Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Nord Stream

German Utility Warns That It May Have To Impair Loan If Nord Stream 2 Fails

German utility Uniper – one of five Western European companies partially funding the Russia-led Nord Stream 2 gas pipeline project – warned on Tuesday that it might have to write Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Ecuador

European banks face indigenous calls to end Amazon oil trade

European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • United Kingdom

U.K. GDP: Britain Suffers Worst Slump in Europe in Second Quarter

The U.K. economy suffered more than any major European nation during the coronavirus lockdowns, piling pressure on the government to ensure the withdrawal of its support programs doesn’t derail the Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • United Kingdom

U.K. Economy Shrinks by More Than Any Other Rich Country

“It’s been a rough few months,” said Richard Swart, global sales and quality director at Berger Global, a Durham, England-based unit of Germany’s Rheinmetall AG that manufactures rings used to Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Wind

Orsted’s Q2 offshore wind output up 20% on year despite subdued wind speeds

Danish energy company Orsted Aug. 12 said its second-quarter offshore wind generation increased 20% year on year amid subdued wind speeds after a 48% jump in Q1. Receive daily email Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Oil higher on hopes for U.S. stimulus, demand recovery

Crude oil prices rose on Tuesday, underpinned by expectations of a U.S. stimulus to help jumpstart the world’s biggest oil consumer, a rebound in Asian demand as economies reopen and Continue Reading

Posted On : 11 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Light Crude Approaches $42

Oil posted the biggest gain in a week in New York amid signs that the U.S. may move forward with another economic stimulus deal that could bolster consumption. Treasury Secretary Continue Reading

Posted On : 11 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

A String Of Bullish News Is Propping Up Oil Prices

Crude oil markets remained optimistic over the past week supported by several bullish factors. Brent spot prices rose above $46 for the first time since April on a much weaker Continue Reading

Posted On : 11 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Oil settles higher on Chinese factory data, U.S. stimulus hopes

Oil settled higher on Monday, supported by data suggesting Chinese factories were returning to pre-pandemic levels, signs of rising energy demand and hopes for an agreement in the United States Continue Reading

Posted On : 11 Aug 2020 Published By : Tom Whipple

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